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National Scheduled Castes Finance and Development Corporation Records 27% Growth in Disbursement

Indian Community Editorial TeamBy Indian Community Editorial TeamApril 10, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
National Scheduled Castes Finance and Development Corporation Records 27% Growth in Disbursement
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The National Scheduled Castes Finance and Development Corporation (NSFDC) disbursed Rs 775.26 crore in FY26, a 27% increase from the previous financial year. This achievement, as stated in an official release on Friday, marks the highest-ever disbursement by the PSU under the Ministry of Social Justice and Empowerment.

In the financial year 2025–26, the NSFDC extended its reach significantly, benefiting 59,002 recipients, a rise of 41.32% compared to FY 2024–25. Among these beneficiaries, 39,804 were women, showcasing a 48% growth and emphasizing the corporation’s commitment to inclusive and gender-responsive development.

Under the VISVAS Yojana (Interest Subvention Scheme), NSFDC distributed Rs 26.09 crore, aiding 98,748 individuals, a notable surge of over 334% from the previous fiscal year. Similarly, through the SEED Scheme, Rs 11.18 crore was disbursed to 1,450 Self Help Groups across four states, reflecting a 76% increase in disbursement.

The NSFDC allocated Rs 215.39 crore under the National Fellowship Scheme for Scheduled Castes (NFSC), supporting 4,219 scholars in their pursuit of higher education. Furthermore, the corporation’s efforts in promoting the economic empowerment of Scheduled Castes include providing concessional loans for self-employment and education, as well as backing skill development and entrepreneurship.

With an authorized share capital of Rs 1,800 crore and a paid-up capital of Rs 1,515 crore, the NSFDC has disbursed a total of Rs 9,567.14 crore, benefiting over 16.96 lakh Scheduled Caste individuals as of March 31, 2026. In FY26, the corporation implemented various initiatives to enhance efficiency and expand its outreach, such as developing a new website compliant with GIGW 3.0 guidelines and a Loan Accounting and Management System (LAMS) integrated with the PM-SURAJ Portal for improved transparency in loan management.

GIGW 3.0 Ministry of Social Justice and Empowerment National Fellowship Scheme for Scheduled Castes National Scheduled Castes Finance and Development Corporation NSFDC PM-SURAJ Portal SEED Scheme VISVAS yojana
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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